An Alabama woman under contract with the Florida Department of Financial Services stole thousands of dollars from the state when she didn’t remit to the state unclaimed property funds, according to court documents.

Rebecca Adams, 55, of Birmingham, Ala., was charged with aggravated white collar crime, grand theft of more than $100,000 and two counts of fraud. Adams is the former owner and president of Compliance Services Group (CSG), an Alabama-based company that began auditing unclaimed property owed to the state in 2011.

“This investigation showed that Adams repeatedly utilized, as if they were her own, unclaimed property funds received by CSG to be remitted over to the state of Florida that she was not authorized to utilize to pay for personal and business expenses and/or debts totaling $117,041.82 and, in doing so, defrauded the state of Florida,” court documents state.

CSG, under the contract with the state, would audit properties and deliver unclaimed liabilities owed to the state. CSG could collect fees up to 15 percent of the dollar amount of the property delivered, according to a probable-cause affidavit.

Adams and CSG employees audited a book and records store in Miami called Perez Trading in April 2011 to see whether it was in line with state law. CSG found the business owed the state $117,403.

Perez Trading, under instructions from CSG, transferred $117,041 to CSG’s trust account on Dec. 6, 2011, according to court records. Later that day, the 15 percent in fees, roughly $17,500, was transferred from CSG’s trust account to its operating account. Over a 10-day period later in the month, CSG transferred the rest of the money – more than $99,000 – to its operating account, where it was used to cover payroll and other expenses at the company.

Over the next year, the monthly reports Adams sent to the state showed the Perez Trading audit was ongoing.

“The reports led DFS personnel to believe that CSG’s work was still on-going and had not been completed due to Perez Trading having difficulty completing due diligence even after CSG had in fact already received funds from Perez Trading for distribution to the state of Florida,” court document said.

Adams was booked into Leon County Jail on Tuesday. She was released the same day after posting bail.